daytrading jan 23 afternoon, page-42

  1. 22,120 Posts.
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    Musashi Im pretty sure MOG was just shy of 60c following which they did a capital raising and that caused the chart to adjust

    Ive seen that happen a few times to stocks charts I think its usually a rights issue that does it which is why I never soley rely on charts but have learned to combine them with fundamentals

    I use fundamentals to determine if a stock is good or not

    I now use charts to determine when the market will revalue the stock based on breakouts and volume

    or if Im lazy I use Fib
 
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